EU and Cook Islands renew fisheries deal

AdobeStock_553698401-cook-islands

Source: Michael/stock.adobe.com

The European Union and the Cook Islands have signed a new seven-year protocol to their sustainable fisheries partnership agreement, allowing EU vessels continued access to a small share of the region’s tuna stocks

The deal, which extends until 2023, provides for 40 fishing days per year for the EU fleet operating in the Pacific, one of the world’s most tightly managed tuna zones.

In exchange, the EU will contribute €3.22 million over the life of the protocol, or €460,000 annually. 

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